A cheque bounce is governed by the Section 138 of the Negotiable instruments Act, 1881. A notice is sent to the
issuer in case of a cheque bounce due to lack of funds followed by a legal notice if required.
First, our business advisors willexplain the remedies available, theprocess and time-frame to take actionagainst a bounced cheque issuer.
We will then connect you to lawyerswho will prepare and send a demandnotice to the bounced cheque issuer.
If there is no response to the notice within15 days, the lawyers will draft a complaintagainst the issuer of the bounced cheque.